Neq Us 290 & Mangum Rd Houston, TX 77092
- Retail properties
- 7,844 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Neq Us 290 & Mangum Rd
- Property size
- 7,844 SF
- Property type
- Retail properties
Description
This exceptional Houston property presents a unique redevelopment opportunity in the desirable Spring Branch neighborhood. Situated at the northeast corner of US 290 and Mangum Road, this 49,135 square foot lot boasts excellent freeway visibility and high traffic counts. The property includes existing improvements: a 6,500 square foot retail building (currently occupied by Nor-West Appliance) and a 1,344 square foot residential building, totaling approximately 7,844 square feet of existing space. This prime location offers significant potential for repurposing and repositioning, capitalizing on the strong demographics of the surrounding area. Within a three-mile radius, the property benefits from a population of 125,303, an average household income of $87,496, and over 48,000 households. The proximity to Memorial Park and Montrose further enhances its appeal. This rare opportunity allows for the transformation of a property in a thriving northwest Houston submarket with high daytime employment. The substantial lot size and existing structures provide a solid foundation for a variety of development projects. This is an exceptional investment opportunity in a high-growth area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.461
- Latitude
- 29.8148